Norwegian company acquires stake in Nigerian billionaire Tunde Folawiyo’s oil field
Folawiyo controls Yinka Folawiyo Petroleum, the operator of OML 113 which contains the Aje field.
5 businesses owned by Bishop T.D. Jakes
Bishop T.D. Jakes owns businesses in education, media, and real estate.
Kenyan exec Peter Ndegwa earns $2.1-million salary from Safaricom in 2023
Ndegwa, a seasoned executive with nearly three decades of experience has played a pivotal role in Safaricom’s recent success.
South African tycoon Adrian Gore takes $37-million loss from investment in Discovery
Gore holds an impressive 7.48-percent stake in Discovery, or 48,599,758 ordinary shares.
South African tycoon Gus Attridge loses $7.2 million in 5 days from Aspen stake
Attridge, Aspen’s group chief advisor, who ranks as one of South Africa’s richest businessmen, owns a 4.26-percent stake in the pharmaceutical holding company.
Billionaire Sean ‘Diddy’ Combs threatened racism claims for payout, Diageo claims
Diageo alleges that Sean “Diddy” Combs attempted to extort millions by threatening to label the firm as racist.
Shaquille O’Neal’s Big Chicken to open 20 outlets in Michigan
O’Neal is partnering with H&D Group Investments to open new outlets of Big Chicken across Michigan.
South African billionaire Koos Bekker gains $300 million in 5 days
With his present fortune of $2.6 billion, Koos Bekker now claims the 1,317th spot on Forbes’ global list of the wealthiest individuals.
7 biggest charitable gifts of Nigerian billionaire Femi Otedola
Otedola’s charity has touched nearly every facet of Nigerian life, from health to education to religion to historic preservation.
South African banker Alan Pullinger’s salary at FirstRand amounts to $2.7 million in 2023
Pullinger’s ascent to the CEO role in 2018 came after three years as deputy CEO of FirstRand, a position he assumed in October 2015.
Rick Ross and Maybach Music Group form new alliance with Gamma
African-American Hip-hop star and entrepreneur Rick Ross is the founder of the Maybach Music Group.
5 companies owned by Tyra Banks
Banks owns companies in the beauty, TV production, and food sectors.
5 companies owned by Cardi B
Forbes recognizes Cardi B as one of the most influential female rappers ever.
5 companies owned by African-American multimillionaire Richelieu Dennis
Dennis pocketed $850 million in 2017 when Unilever acquired Sundial Brands, the beauty company he founded.
Ghanaian executive Ebenezer Asante earns $2.7-million salary from MTN in 2022
Asante oversees the company’s operations in three key regions.
32-year-old South African tech entrepreneur Rupert Bryant’s Webafrica takes over Mweb
Thirty-two-year-old Rupert Bryant is the co-founder of Webafrica, one of South Africa’s most successful ISPs.